Michael Parrott
Ponte Vedra,FL
Summary
Enterprise Governance & Controls leader with 20+ years driving impactful governance, risk, and compliance programs across global financial institutions. Successfully launched the Central Testing Utility, automated over 100 finance controls, and managed significant regulatory remediation efforts while fostering strong partnerships with technology and senior stakeholders.
Overview
20
20
years of professional experience
Work History
Quality Assurance, Monitoring & Testing Group Manager – Sr-VP
Citibank
Jacksonville, FL
11.2024 - Current
- Launched and scaled Central Testing Utility (CTU), hiring ~40 VP/Sr-VP finance staff for control oversight and stakeholder engagement, developing capacity models that facilitated hiring 50+ offshore testers in India for monitoring and testing, centralizing finance control activities.
- Automated 100+ finance controls and deployed automated monitoring/review workflows using Alteryx and internal AI, saving 200+ hours/year.
- Designed and operationalized scalable control monitoring for 20+ staff across FL, Costa Rica, Hungary, and India, standardizing methodology and reporting for enhanced consistency.
- Partnered with finance system owners and engineering teams to define specifications, conduct UAT, and deploy automated controls into production monitoring pipelines, improving oversight and efficiency.
- Led remediation to close >20 issue milestones and supported closure of an external MRA/Consent Order; implemented SOX-compliant control framework and reported metrics to senior management.
- Leveraged ServiceNow for automated issue workflows and reporting; SOC 1 governance lead with working knowledge of SOC 2 readiness.
Financial Control Management – Sr-VP
JPMorgan Chase
New York, NY
08.2018 - 10.2024
- Led corporate finance control testing and risk assessment for team of 10+ across US & India, overseeing 1,000+ annual test samples and delivering monthly reports to senior management.
- Directed offshore transition of control testing by designing standardized testing approach, governance model, and training program to enhance operational capability.
- Owned SOX program and regulatory reporting controls, managing issue remediation to closure in collaboration with internal audit.
- Automation lead: built Tableau dashboards, used Alteryx to streamline testing and improve analytics; managed CORE/JIRA/ServiceNow tooling for evidence and remediation tracking.
Selected Roles
Barclays
09.2006 - 08.2018
- Sr-VP, BCI Regulatory Reporting & Policy (New York, Apr 2013–Aug 2018): Managed SEC reporting controls (Net Capital (15c3-1), FOCUS) and led Axiom automation initiatives, ensuring compliance during FINRA and internal/external audit examinations.
- AVP/VP, Group Finance (London, Aug 2010–Apr 2013) & Legal Entity Controller, Broker Dealer (NY, Sept 2006–Jul 2010): Produced balance sheet and treasury reporting for public results, coordinated close analyses, and led governance and training activities to enhance reporting accuracy.
Education
B.S. - Business Administration
Ramapo College of New Jersey
Mahwah05-2006
Skills
- Control oversight
- SOX compliance
- Regulatory compliance
- Risk management
- Automation frameworks
- AI utilization
- Data analytics
- Process standardization
- Governance frameworks
- Team leadership
- Stakeholder engagement
- Clear communication
Timeline
Quality Assurance, Monitoring & Testing Group Manager – Sr-VP
Citibank
11.2024 - Current
Financial Control Management – Sr-VP
JPMorgan Chase
08.2018 - 10.2024
Selected Roles
Barclays
09.2006 - 08.2018
B.S. - Business Administration
Ramapo College of New Jersey